Well, building a coal mine is a huge capex project, and very few juniors are capable.
I think that having Bhushan as a partner is valuable for that reason, even if they do get a cheap JV or two.
If these deposits pan out well, and the market still doesn't like BWN, then Bhushan will probably just do a T/O.
One thing about Australian resources: they are constantly undervalued by instos/retail until a foreign entity is interested.
Then everyone gets all indignant that we are selling our cows.
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BWN
bhagwan marine limited
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1.02%
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49.5¢

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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $136.2M |
Open | High | Low | Value | Volume |
49.5¢ | 49.5¢ | 48.0¢ | $28.97K | 59.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 56650 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 7910 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 56650 | 0.470 |
1 | 1600 | 0.465 |
2 | 105000 | 0.460 |
4 | 123050 | 0.455 |
5 | 316214 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 7910 | 1 |
0.505 | 52552 | 1 |
0.525 | 5454 | 1 |
0.545 | 1830 | 1 |
0.550 | 37453 | 2 |
Last trade - 14.31pm 14/07/2025 (20 minute delay) ? |
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BWN (ASX) Chart |